May 8, 2020

BOC Aviation and Wizz Air sign purchase-and-leaseback agreement for six A321neo aircraft

BOC Aviation has signed a purchase-and-leaseback agreement with Wizz Air for six new Airbus A321neo aircraft. All six aircraft will be powered by Pratt & Whitney GTF™ PW1100G-JM engines, and are expected to deliver in 2020 and 2021. József Váradi, Chief Executive Officer of Wizz Air said: “We are delighted today to be signing yet […]

BOC Aviation and Wizz Air sign purchase-and-leaseback agreement for six A321neo aircraft Read More »

UAS Holdings completes acquisition of TAG Aero and Unique Airmotive Services, companies to merge

Financial

TAG Aero and Unique Airmotive Services have completed a dual acquisition and merger facilitated by Mill Hill Capital. UAS Holdings Company has been formed as the parent company and migrates both facilities under one brand, TAG Aero. The combined companies will bring together a leading APU repair station with capabilities reaching 20,000 aircraft worldwide. Unique

UAS Holdings completes acquisition of TAG Aero and Unique Airmotive Services, companies to merge Read More »

LHT starts work on Airbus A350-900 for German Federal Government’s Special Air Mission Wing

MRO & Production

Lufthansa Technik has begun working on the cabin conversion of the first of three Airbus A350-900s for the German Federal Government’s Special Air Mission Wing. The aircraft, with the temporary civil registration D-AGAF (later military registration 10+03), arrived at Hamburg’s International Airport in Fuhlsbüttel, where it will be given a government cabin by Lufthansa Technik’s

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JetBlue to pare back Airbus orders after posting first-quarter loss

Financial

JetBlue, the sixth-largest American low-cost carrier by passenger numbers carried, has posted a first-quarter 2020 loss of US$269 million and, as a result, has reduced its order book with Airbus by approximately one third in a bid to save around US$1.1 billion on aircraft purchases. JetBlue now anticipates receiving 40 Airbus jets by the end

JetBlue to pare back Airbus orders after posting first-quarter loss Read More »

JetHQ names international division leaders

People

JetHQ has added and promoted presidents to lead two newly created international divisions covering Africa, Asia, Europe and the Middle East. The aircraft transaction and brokerage company announced that it has brought in a seasoned sales professional to head up Asia, while elevating its own veteran aviation executive to oversee Europe, the Middle East and

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Eirtech Aviation Services expands scope to include flight test approvals

Uncategorized

Eirtech has announced that EASA has approved an expansion in capabilities to permit the approval of flight tests. Flight tests are sometimes required by EASA and the FAA for demonstration of compliance for aircraft modifications. When requested, Eirtech can now provide a turnkey solution for customers which would include; developing a flight test plan, approving test

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LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment

Financial

Helicopter lessor LCI, the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital and RIVE Private Investment as partners. The transaction covers six Leonardo AW139s and three Airbus H130 helicopters, all of which have long-term, secure debt financing in place. The helicopters,

LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment Read More »

Finnair carried 16,100 passengers in April, 98.7% less than the previous year

Traffic

In April, Finnair carried 16,100 passengers which is 98.7% less than in the corresponding period of 2019. The overall capacity (ASK) decreased in April by 97.0%. Finnair’s traffic decreased by 99.1%, while the passenger load factor decreased year-on-year by 57.5% points to 23.9%. All traffic figures were heavily impacted by the significant coronavirus-related capacity reductions,

Finnair carried 16,100 passengers in April, 98.7% less than the previous year Read More »

Iberia to offer COVID-19 antibody tests to all employees

Other News

Iberia is to implement a special COVID-19 health plan, designed in collaboration with the Quirónsalud health care firm and employee representatives. The aim is to give all employees the most robust possible protection against the virus. The plan calls for blood test to detect COVID-19 antibodies in employees returning to on-site work following furloughs, as

Iberia to offer COVID-19 antibody tests to all employees Read More »

BOC Aviation and Wizz Air sign purchase-and-leaseback agreement for six A321neo aircraft

UAS Holdings completes acquisition of TAG Aero and Unique Airmotive Services, companies to merge

LHT starts work on Airbus A350-900 for German Federal Government’s Special Air Mission Wing

JetBlue to pare back Airbus orders after posting first-quarter loss

JetHQ names international division leaders

Eirtech Aviation Services expands scope to include flight test approvals

LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment

Finnair carried 16,100 passengers in April, 98.7% less than the previous year

Iberia to offer COVID-19 antibody tests to all employees

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8 May 2020

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